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Nov 19, 2012
11/12
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FBC
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you raise taxes in this environment, this is not a growing environment, you're asking for trouble. you're rolling the dice, and i'm telling you, dividend taxes, you know, this is like insane. in any event, it is what it is. we have got to report. you got to do what you got to do. liz: president clinton did it in boom times -- >> no, he didn't. president clip clinton -- clinton did it in 93. we did not have a surplus until we had the internet bubble in 1996. that is the bottom line. i don't care what anybody says. liz: i missed that surplus, i don't care what anybody says. >> look at the gdp growth after he raised taxes. look at our economy right after -- it did not do very well. liz: charlie gasparino, thank you. your tie now is appropriate now that the segment is over. >> okay. liz: closing bell ringing in 27 minutes. confidence among you the u.s. consumer hitting a five year high this month but with the fiscal cliff looming and employment on the rocks, which retailers will come out on top this holiday season, and should you be buying their stocks? joe feldman tells the advisory g
you raise taxes in this environment, this is not a growing environment, you're asking for trouble. you're rolling the dice, and i'm telling you, dividend taxes, you know, this is like insane. in any event, it is what it is. we have got to report. you got to do what you got to do. liz: president clinton did it in boom times -- >> no, he didn't. president clip clinton -- clinton did it in 93. we did not have a surplus until we had the internet bubble in 1996. that is the bottom line. i...
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Nov 15, 2012
11/12
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FBC
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president of d tv bank joining us in a fox business exclusive to talk about how to navigate the volatile environment including america's fiscal cliff and how do you say fiscal cliff in russian? looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidely. liz: the power mover of the hours diamond foods, the fast-food company going stale hitting a six year low. your the one week chart so you can see what happened here and it is not a pretty picture. big drop off right here. news is that it's a six year low it is restating its financial results for fiscal year 2010 and 2011. not just 2011 where the real problems began. that is a real problem because a
president of d tv bank joining us in a fox business exclusive to talk about how to navigate the volatile environment including america's fiscal cliff and how do you say fiscal cliff in russian? looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture....
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Nov 20, 2012
11/12
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FBC
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it is not an effective way to eliminate secondhand smoke exposure and limited area environment. >> the cdc estimates that secondhand smoke causes heart related death and 3400 lung cancer death each year among non-smokers. back to you. dagen: thank you, jonathan. tomorrow kicks off the thanksgiving travel rush. mike boyd is the president of the boyd group international. he is joining us now from denver. mike, it is not that we will see -- it will cause a greater squeeze poor folks, right? >> a little bit raider. flights have been full for the last six months. the real challenge will be the amateur flying. there will be about 7% fewer flights in a normal week because airlines cutback. it will not be more crowded, it will be more confused. dagen: is there some sort of brain issue or some sort of that wall and people that when they go to airports, it seems like it is common sense and preparing to go through security and onto a plane. you always encounter these people that act like they are just morons. >> people just change when they get to an airport. that is a problem universally. dagen:
it is not an effective way to eliminate secondhand smoke exposure and limited area environment. >> the cdc estimates that secondhand smoke causes heart related death and 3400 lung cancer death each year among non-smokers. back to you. dagen: thank you, jonathan. tomorrow kicks off the thanksgiving travel rush. mike boyd is the president of the boyd group international. he is joining us now from denver. mike, it is not that we will see -- it will cause a greater squeeze poor folks, right?...
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Nov 13, 2012
11/12
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FBC
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eye 79
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the virgin group about what it is like to run and grow multiple billion dollars businesses in this environment. he is the fourth richest man in the u.k., but who cares about that, he is one of the gutsiest businessman ever to have lived. he started one tiny business in a basement when he was 16 years old. look at him now, cheryl. an amazing story. cheryl casone is in new york. she will be guiding you through the last hour of trading. how are things looking? cheryl: things a r looking a bit better -- things are looking a bit better. we have a very mixed picture for markets at this hour as we move into the close. the dow and s&p are actually both higher. the dow up about 17 points, up more than 80 points though at session highs today. it's been a volatile day for traders. the dow falling more than 66 points at its session lows. the dow is up by 17 points. very volatile, very rocky day for stocks. one of the things that helped the dow out earlier on to hit the session highs, shares of home depot, by far the biggest winner on the dow today. the company hitting a new high after a strong earnings re
the virgin group about what it is like to run and grow multiple billion dollars businesses in this environment. he is the fourth richest man in the u.k., but who cares about that, he is one of the gutsiest businessman ever to have lived. he started one tiny business in a basement when he was 16 years old. look at him now, cheryl. an amazing story. cheryl casone is in new york. she will be guiding you through the last hour of trading. how are things looking? cheryl: things a r looking a bit...
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Nov 13, 2012
11/12
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FBC
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he could create a toxic work environment. now he is gone. he put up obstaales trying to integrate microsoft eight. xbox and windows. this is a man who has saved microsoft in the past. they brought him in. he was head of windows. it was after the disaster of windows vista. he was not playing nice in the sandbox. here is a quote we got from steve ballmer "it is imperative that we continue to drive a lineman across all microsoft aims and have more integrated and rapid development cycles for our offspring." investors do not like the departure, but will the microsoft company be able to recover. back to you. connell: that is very good, adam. i guess we will cross them off as our future ceos of microsoft. dagen: new york residents are fed up with the utility companies quick response. they are taking action themselves. connell: another day, another title for apple. that tech giant is even meeting tiffany in the ranks. dagen: timothy burns -- ken burns will be here. and how the history of sex this year's election people worried about the -- not even
he could create a toxic work environment. now he is gone. he put up obstaales trying to integrate microsoft eight. xbox and windows. this is a man who has saved microsoft in the past. they brought him in. he was head of windows. it was after the disaster of windows vista. he was not playing nice in the sandbox. here is a quote we got from steve ballmer "it is imperative that we continue to drive a lineman across all microsoft aims and have more integrated and rapid development cycles for...
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Nov 12, 2012
11/12
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FBC
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very hard to exist in this environment. now that you have four more years of president obama, -- melissa: smaller is better. caesar did you will not get a relaxation of dodd-frank. higher taxes, smaller paychecks. get used to it. lori: there are renewed worries about what is coming around the next quarter. melissa: just how negative is that negative guidance? we have what you need to know. ♪ all eyes, right here. this is our year. i thought it was last year... turns out i was wrong. none of us would walk in here and settle. that's how we are! i forgot what i was goi to say. patrick, i want 100% commitment! because i care man, ok? who are we!? 49ers! 49ers! 49ers! yeah! [ all cheering ] what the heck is going on in here? sorry coach, i just got a little carried away. alright, i think we're good. [ morgan ] for a chance to be in a locker room on game day and more... join visa nfl fan offers and make your season epic. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you'
very hard to exist in this environment. now that you have four more years of president obama, -- melissa: smaller is better. caesar did you will not get a relaxation of dodd-frank. higher taxes, smaller paychecks. get used to it. lori: there are renewed worries about what is coming around the next quarter. melissa: just how negative is that negative guidance? we have what you need to know. ♪ all eyes, right here. this is our year. i thought it was last year... turns out i was wrong. none of...
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Nov 16, 2012
11/12
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FBC
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they create a environment which we can make or not make money. it is tough for investors. there will be volatile days. the trick for investors to have enough liquidity in their portfolio that they don't have to trade on these volatile down days. they're ready to take some opportunities when, when they find some good earnings. tracy: like what? let's say this market falls further. you go in. you start buying. what are you buying? >> i think we're, we're buying companies with a following characterics. we're buying companies that have strong brands. that have technology that is hard to replicate and have access to growing markets. the tough part of being an investor, you find companies like that in a lot of sectors and find them with headquarters in a lot of different countries. you want to look for the characterics of companies, not the kind of thing --. tracy: like what? hospitals for instance? >> i can't name. i'm not here to name names. we know that hospitals are are run very efficiently will ben at this time from obamacare. that is, they're well-positioned for that. we k
they create a environment which we can make or not make money. it is tough for investors. there will be volatile days. the trick for investors to have enough liquidity in their portfolio that they don't have to trade on these volatile down days. they're ready to take some opportunities when, when they find some good earnings. tracy: like what? let's say this market falls further. you go in. you start buying. what are you buying? >> i think we're, we're buying companies with a following...
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Nov 14, 2012
11/12
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FBC
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again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their first-quarter results. after the bell, coming up. countdown to the closing bell, liz claman will be speaking with john chambers. countdown to the closing bell is next. do not go anywhere. before copd... i took my son fishing every year. we had a great spot, not ey to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that mean
again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their...
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Nov 20, 2012
11/12
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FBC
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so in that environment, what can the fed do to try to offset that to make sure that it doesn't take us to the edge of or over the edge of a recession. >> so we'll see what kind of deal comes out, and i think there's a range of possibilities, but you're correct that even if the extreme scenarios are avoided that some plausible scenario's still involved relatively contractionary fiscal overall. no matter what happens next year, that the tightening of federal fiscal policy will outweigh the stronger, more expansion state and local fiscal policy we're getting. all of that is right. it's up to congress and the president, of course, to figure out how they want to make the tradeoffs between getting budgetary improvement n the long run and providing additional support for the economy in the short run. we're going to see how that goesment i think, -- goes. i think, again, my advice on this is sort of do no harm, and in that respect, what i'm particularly concerned about is that we avoid the full force of the cliff which would be substantial as you point out. if there is some federal tightening.
so in that environment, what can the fed do to try to offset that to make sure that it doesn't take us to the edge of or over the edge of a recession. >> so we'll see what kind of deal comes out, and i think there's a range of possibilities, but you're correct that even if the extreme scenarios are avoided that some plausible scenario's still involved relatively contractionary fiscal overall. no matter what happens next year, that the tightening of federal fiscal policy will outweigh the...
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Nov 15, 2012
11/12
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FBC
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thing, guys, dollar tree is a stock that's come county a lot lately, and you think in the economic environment it would not, but the problem, january 200816 bucks, and january 2012, 41 bucks. i would not pile into it, but i like the risk-reward here. it's a relatively safe place, but the economic backdrop continues to serve them well. they opened a 111 stores in the last quarter alope. cheryl: competition in feasm dollar as well, other retailers. >> family dollar, dollar general, performing better. i have the comparable -- all trading at 14, pe, same book value, everything of the this is the one that's probably oversold, perhaps -- i will tell you this to your point, 35 # as a stop, has room to go to 44, and from there we'll reassess it. dennis: 39 today and up 3% today. all right. cheryl: making money with charles. dennis: tough twinkie talk threatening to liquidate unless the strikers return to be tonig. cheryl: how the currencies fare against the dollar. interesting times now in europe. as you can see, the year -- euro a little bit weaker against the dollar. we'll be right back. cheryl: ceo
thing, guys, dollar tree is a stock that's come county a lot lately, and you think in the economic environment it would not, but the problem, january 200816 bucks, and january 2012, 41 bucks. i would not pile into it, but i like the risk-reward here. it's a relatively safe place, but the economic backdrop continues to serve them well. they opened a 111 stores in the last quarter alope. cheryl: competition in feasm dollar as well, other retailers. >> family dollar, dollar general,...
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Nov 15, 2012
11/12
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WUSA
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how bad are plastic bags for our environment? experts from both sides weigh in in tonight's green alert. >>> law makers tonight digging for answers on the meningitis out break. the owner of the new england compounding center that made the steroids refused to answer questions. a kentucky judge is one of the 32 people killed and his widow was there today. >> we're heart broken. we're devastated. and i just come here begging you to do something about the matter. >> that massachusetts company has had a history of problems. they were nearly shut down a decade ago but the fda deferred to state regulators who allowed the company to stay open. the closure could have prevented the out break. >>> in tonight's green alert, more than 13 states, plastic bags are either banned at grocery stores or tagged with fees to deter their use. that's according to the advocacy group surf rider foundation. plastic bags hurt the environment while opponents say the harm's really exaggerated. >> you won't find plastic bags at bob's market in southern califor
how bad are plastic bags for our environment? experts from both sides weigh in in tonight's green alert. >>> law makers tonight digging for answers on the meningitis out break. the owner of the new england compounding center that made the steroids refused to answer questions. a kentucky judge is one of the 32 people killed and his widow was there today. >> we're heart broken. we're devastated. and i just come here begging you to do something about the matter. >> that...
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Nov 13, 2012
11/12
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FBC
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how quickly do you see small-business environment? are they somewhat encouraged? >> we take the business in a different way, felt restricted to be in a brick and mortar situation and now they realize they can take the business mobile and serve customers in a different way than they served in the past. tracy: you can sell your product at the next house party. you are great. thank you. it is on the web site and available december 3rd. up next, liz claman is at the cme global leadership conference, cheryl casone in studio. liz claman will be talking exclusively to the biggest names including the virgin group shall under -- founder and chairman richard branson. he starts billion dollar businesses no matter what uncertainty is going on in the world and cme executive chairman terry duffy blasting the government for hurting his ability to run his business. count down to the closing bell. cheryl casone is here in studio. that is all next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or
how quickly do you see small-business environment? are they somewhat encouraged? >> we take the business in a different way, felt restricted to be in a brick and mortar situation and now they realize they can take the business mobile and serve customers in a different way than they served in the past. tracy: you can sell your product at the next house party. you are great. thank you. it is on the web site and available december 3rd. up next, liz claman is at the cme global leadership...
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Nov 19, 2012
11/12
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CSPAN
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we are looking at a mobile environment. but the challenge is when you're taking that ipad what happens to him. do you trust that the person not handing to someone does not have ill intent. there's a lot of things that they're working through. but you think about that which operates your home. >> your heat, your power. they're pretty critical. you know, they were very concerned a couple of years ago about alaska coming after the power -- al-qaeda coming after america. they're -- they didn't necessarily say that. you know, i've given you a lot of doom and gloom but it's not all that. i will tell you and i see some of you in the room, you are the best and the blightest and you are the future. but fire not there's a lot of really smart people that when you will decide both in traditional ways, non- traditional ways, and in innovation and technology that will help us develop new defensive platforms and we also have to look at the personnel. the folks we hired 10 years ago are not going to be the folks we need for the future. the
we are looking at a mobile environment. but the challenge is when you're taking that ipad what happens to him. do you trust that the person not handing to someone does not have ill intent. there's a lot of things that they're working through. but you think about that which operates your home. >> your heat, your power. they're pretty critical. you know, they were very concerned a couple of years ago about alaska coming after the power -- al-qaeda coming after america. they're -- they...
SFGTV: San Francisco Government Television
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Nov 17, 2012
11/12
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SFGTV
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how do you maintain a safe and positive environment at folsom street fair for example. i know people are interested in hearing about those and yes and we certainly welcome suggestions. >> how many people are you expecting to attend? >> that is a good question that i don't know the answer to. i can find how many people attended the one last year. >> is it in the thousands? hundreds? >> hundreds. but i can find out the answer. >> great. >> other questions? thank you very much. >> sure thank you. >> and we look forward to hosting you in the coming may. >> yes and i am happy to come back at a future time and jocelyn i can send information with her to the commission when it gets closeeer. >> yeah, when it gets closer and coordinate with jocelyn and get the word out again. >> sound good. thank you. >> any public comment on the presentation by ms. thomas? okay. seeing none item five police department's comments and questions. >> good evening commissioners. my name is john john locheus and the commander in charge at the metro division at the police department. in this capacity
how do you maintain a safe and positive environment at folsom street fair for example. i know people are interested in hearing about those and yes and we certainly welcome suggestions. >> how many people are you expecting to attend? >> that is a good question that i don't know the answer to. i can find how many people attended the one last year. >> is it in the thousands? hundreds? >> hundreds. but i can find out the answer. >> great. >> other questions?...
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Nov 19, 2012
11/12
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KPIX
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that's unacceptable in today's environment. >> schieffer: do you have any answers yet as to why-- we know that they had asked to maintain their-- the current level of security and that was turned down. do we have any idea on what that decision was based on? >> no, and we're still getting to the bottom of that. that's one of my primary concerns. and that's certainly what i'm driving. first of all, why there was failure for adequate security at the temporary mission. and secondly, why they didn't assess the security risks posed to that facility? they had abundance of threat reports and incidents, both to that facility and other consulates that would have suggested that they were in a high-threat environment. i sponsored-- i cosponsored the initial legislation-- i was the lead republican in the house-- to create the diplomat security bureau and the accountability review board that also has been initiate so we can get to the bottom of who is responsible. there was minimal security. the barriers weren't sufficient. the attackers, the mob, overran the complex. the militia we were depending
that's unacceptable in today's environment. >> schieffer: do you have any answers yet as to why-- we know that they had asked to maintain their-- the current level of security and that was turned down. do we have any idea on what that decision was based on? >> no, and we're still getting to the bottom of that. that's one of my primary concerns. and that's certainly what i'm driving. first of all, why there was failure for adequate security at the temporary mission. and secondly, why...
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have a more integrated all of it in terms of economic environment but i will grant you mission you'll continue to have some differences in terms of political opinion the problem is the international issues. can only one. is two countries have to cancel each other into some trading which when you call our. soul you know you will be very interested to see that it will come to with equal weight in about ten or is sitting here start with china is about the size of the united or even to all the to the east because so you would have a big balance of economy between east and the west but they will continue with the closet ideology of ideologies called differences between the two countries. it's the not so united states of america with almost half the country look at the breakaway we're reporting on but people in places like texas seem so unhappy with the election outcome but they have now filed a petition for independence got the story online check it out. taking space junk to a whole new level this is the first hamburger you have the correct to make it into orbit would tell you how and why
have a more integrated all of it in terms of economic environment but i will grant you mission you'll continue to have some differences in terms of political opinion the problem is the international issues. can only one. is two countries have to cancel each other into some trading which when you call our. soul you know you will be very interested to see that it will come to with equal weight in about ten or is sitting here start with china is about the size of the united or even to all the to...
WHUT (Howard University Television)
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Nov 15, 2012
11/12
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WHUT
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. >> translator: in the new environment, our party faces many tough challenges. there are numerous pressing problems within the party and senior ranks that need to be resolved, especially corruption and the acceptance of bribes. >> reporter: xi jinping is taking over the position of general secretary from hu jintao. he will lead the politburo's standing committee, china's main decision-making body. the number of seats on the committee has been reduced to seven from nine. analysts say the party made the change to speed up the decision-making process. xi jinping and another top official, li keqiang, have been on the standing committee since 2007. the rest of the members are new. xi introduced them all during his speech. >> zhang dejiang. yu zhengsheng. liu yunshan. wang qishan. zhang gaoli. >> reporter: the majority of officials on the standing committee are allies of former president who retired from politics nearly a decade ago. they face a number of challenges. one is wrapping up china's slowing economic engine. another is addressing growing social discontent ov
. >> translator: in the new environment, our party faces many tough challenges. there are numerous pressing problems within the party and senior ranks that need to be resolved, especially corruption and the acceptance of bribes. >> reporter: xi jinping is taking over the position of general secretary from hu jintao. he will lead the politburo's standing committee, china's main decision-making body. the number of seats on the committee has been reduced to seven from nine. analysts...
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stadiums in europe but i know for sure if you do a good building and if you do in the face friendly environment people act better and they saw it and then your. crowd character changed completely it was the fact of the new stadium because it's so good people don't want to spoil it feed interesting development of ice hockey in russia has been significant over the last few months but moscow clubs have always struggled to attract fans have been put on by poor arenas and an average standard of play however the k j l is not booming given an influx of top notch players playing in fantastic stadium. and this is certainly a great model for russia to follow in the future to help the sport develop in the country which have been fully donte. for memorable actions to unforgettable words it's the quotes of the week russia forward alexander that already reveals life on the coach fabio capello is much stricter the former fast because they can't be italian doesn't apparently find the room service to follow is very tough says the korean under of the can't we were allowed to leave our hotel or order dinner to be
stadiums in europe but i know for sure if you do a good building and if you do in the face friendly environment people act better and they saw it and then your. crowd character changed completely it was the fact of the new stadium because it's so good people don't want to spoil it feed interesting development of ice hockey in russia has been significant over the last few months but moscow clubs have always struggled to attract fans have been put on by poor arenas and an average standard of play...
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Nov 16, 2012
11/12
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KTVU
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back into favor because of the relative valuations and also the nice dividend yield in this market environment. so, two names that had kind of been thrown to the wayside, dell and cisco, i kind of like down around these levels. > > let's talk about some levels were you would buy, starting with cisco systems. what is your buying point on this stock? > > really anywhere around here. they came out with what i thought were really nice numbers, not only on the earnings side, but more importantly on the revenue side. this stock has gotten sold into submission with fears that government spending, which is a big component of cisco, will fall off that fiscal cliff so to speak. but not the case, and cisco is priced for utter disaster. so, i also like it on a yield basis. it's yielding way more than the 30-year bond here. > > no fiscal for cisco. so what about dell? where would you want to own this? > > same kind of story there. dell is reinventing itself as more of a services company. certainly the hardware side is languishing to say the least, but, again, you are looking at a market multiple that's bel
back into favor because of the relative valuations and also the nice dividend yield in this market environment. so, two names that had kind of been thrown to the wayside, dell and cisco, i kind of like down around these levels. > > let's talk about some levels were you would buy, starting with cisco systems. what is your buying point on this stock? > > really anywhere around here. they came out with what i thought were really nice numbers, not only on the earnings side, but more...
SFGTV: San Francisco Government Television
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Nov 12, 2012
11/12
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SFGTV
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disagrees with the recommendation reasserting that switch backs are valid and necessary given the operating environment. they have worked on reducing the switchbacks and keeping the public informed and would further denigate service and safety. the jury answers, "that's what we're getting at that muni think it is switch backs are a normal way of business". other transportation systems were aghast, appalled that a transit system could inconvenience their customers so cavalierly and we want them to have the feeling that we are doing a good job" when they deem them unavoidable. recommendation two, contact and learn from paris not resorting to switchbacks regularly. muni agrees there is room for improvement and they will reach out to their peers to study their standard operating procedures but note the claim that others are using procedures similar to muni. the jury answers "the jury approves part of the response about contacting peers. we hope that you contact those systems that were on our list. these systems are seen by the controller as being similar to muni, and have higher reliability and passenger r
disagrees with the recommendation reasserting that switch backs are valid and necessary given the operating environment. they have worked on reducing the switchbacks and keeping the public informed and would further denigate service and safety. the jury answers, "that's what we're getting at that muni think it is switch backs are a normal way of business". other transportation systems were aghast, appalled that a transit system could inconvenience their customers so cavalierly and we...
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their situation is different they compensate for their macro economic disparity with their business environment. and you're an economist you're also a deputy minister the you may be wrong but i think that foreign debt is a political instrument he used to think i want to fuel a lot of money to some country this country depends on you not vice versa reuters going to yeah are you talking about china i think it's a little necessarily no let's say a bar a lot of money from you you will treat me very carefully because if something happens to me you'll never get your money back it's not just the political instruments this is second period merrily it is an economic instrument of course you borrow money to finance your projects finance your priorities finance your economy. you also make that country dependent on your economy then am interested to see you do well yes there are interested people otherwise they don't get their money back this is why i said at the beginning that it doesn't really matter who is the president of the united states the world economy and the u.s. economy very interrelated a few
their situation is different they compensate for their macro economic disparity with their business environment. and you're an economist you're also a deputy minister the you may be wrong but i think that foreign debt is a political instrument he used to think i want to fuel a lot of money to some country this country depends on you not vice versa reuters going to yeah are you talking about china i think it's a little necessarily no let's say a bar a lot of money from you you will treat me very...
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Nov 15, 2012
11/12
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the other thing is we're now in an environment where the dividend tax rate is 15%. we know it is not going down from here. it will go up from here. investors are now realizing that they have to execute on the tax changes that will occur. >> really interesting theme i've been hearing over and over is europe, which we just found out today, is officially in recession. a lot of folks are looking to go over there and pick through the bones in europe. not on a country wide basis, but they're looking for that type of opportunity here. >> what about that, joe? some of your colleagues here on the floor of the new york stock exchange have been saying they're sniffing around, maybe buying here. we're back to levels we haven't seen since july. are you among them? >> not just yet. you know, i hear people still using the word uncertainty. i think there's a lot of certainty that's come about in the last few weeks, in particular, the president's going to exert his will. he's now into his second term or about to enter his second term. he doesn't have to answer to have many people. c
the other thing is we're now in an environment where the dividend tax rate is 15%. we know it is not going down from here. it will go up from here. investors are now realizing that they have to execute on the tax changes that will occur. >> really interesting theme i've been hearing over and over is europe, which we just found out today, is officially in recession. a lot of folks are looking to go over there and pick through the bones in europe. not on a country wide basis, but they're...
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Nov 15, 2012
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, but not this environment, the level of focus and needs to be placed on this challenge in this environment is much different than they have experienced another environment. i need to make sure that the level of leadership focus and attention we're putting on this now is institutionalized. one of the features of military services, next summer i'm going to have turned over half my commanders. people come in from all sorts of different places who are part of this challenge right now and they need to have been focused on this and i don't want to depend if they just heard about it because it won't work. i've got enough experience to know that. so i need to institutionalize the leadership focus on this and that's why i'm going to have a charter, a regular meeting schedule for the oversight council so that among other things on a changeover over half the leadership team next year, i've got an institutional way to keep them focused on a problem that if you take it out of your crosscheck coming in now, for very long it will get out of control. >> is that the underlying issue seemed to be a dispropo
, but not this environment, the level of focus and needs to be placed on this challenge in this environment is much different than they have experienced another environment. i need to make sure that the level of leadership focus and attention we're putting on this now is institutionalized. one of the features of military services, next summer i'm going to have turned over half my commanders. people come in from all sorts of different places who are part of this challenge right now and they need...
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Nov 19, 2012
11/12
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my question to you is, in this environment, with the economic environment, with the possibility of a compromise regarding the fiscal cliff, vis-a-vis the increase revenues and cuts in spending, what is your analysis and your opinion on the tax free municipal bonds at this juncture? >> you have to buy them. the individual is going to go right back them and move them up. i think that's a great place to be. don't touch them. i want you to buy them. brilliant idea. now we go to paul in louisiana. paul? >> caller: hey, jim. thanks for taking my call. >> no problem. >> caller: i've been just getting in and sticking with a stock itw. i've been following it for a couple months. they seem to be doing pretty well. there is going to be a change in the leadership. can you comment? >> david spear passed away which is -- he was a terrific guy. this is a very well run company. i suspect that they won't really skip a beat. it's always been a favorite of mine. i would continue to own it. i wouldn't buy it off this. he's a good man. i think it's fine. i think it is fine. is this the rise above rally?
my question to you is, in this environment, with the economic environment, with the possibility of a compromise regarding the fiscal cliff, vis-a-vis the increase revenues and cuts in spending, what is your analysis and your opinion on the tax free municipal bonds at this juncture? >> you have to buy them. the individual is going to go right back them and move them up. i think that's a great place to be. don't touch them. i want you to buy them. brilliant idea. now we go to paul in...
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Nov 13, 2012
11/12
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>> the environment will dictate what, in fact, we'll do. each and every quarter we have to decide our dividend. we are very committed to the strong dividend we pay. not necessarily the yield that we pay, but to the strong dividend that we pay. so we've been over the course of many years now paying this very strong dividend despite the fact that it is a very large ratio. we have the ability to do that because we do not go to capital. in the four-plus decades we've been principally doing the business we do today, which is lending on new york real estate, we have not had any period, not a single quarter, in which we've had to go to capital as a result of losses that we took on loans. so our principle asset is multifamily loans, and we've not had to go to capital. we do it through earnings. we've had minimal losses over a long period of time. the very need for the building of capital is thwarted by the difference in our business model. >> it sounds like this fiscal cliff issue won't impact you paying this dividend. >> well, i cannot say what th
>> the environment will dictate what, in fact, we'll do. each and every quarter we have to decide our dividend. we are very committed to the strong dividend we pay. not necessarily the yield that we pay, but to the strong dividend that we pay. so we've been over the course of many years now paying this very strong dividend despite the fact that it is a very large ratio. we have the ability to do that because we do not go to capital. in the four-plus decades we've been principally doing...
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Nov 16, 2012
11/12
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restructuring and says it is on track to return profits in 2013, but high fuel costs and a poor economic environment continued to weigh on profits. air berlin is not alone in going through some turbulence. this is not a great time for europe's airlines. >> many are struggling to stay in business. here's a look at the litany of problems they face. >> scandinavian airline sas is fighting for survival. the carrier has not turned a profit in five years. it is not alone. just last week, spain's flagship carrier said it would cut nearly a quarter of its work force in an effort to remain competitive. sas alone plans to cut more than 1/3 of its 15,000 employees. air france is looking to reduce staff to 45,000 workers. and germany's lufthansa is also in the midst of a painft- cutting program. earlier this week, the airline struck a deal with unions to raise cabin crew pay in exchange for no strikes over the christmas holidays. >> coming up, we've got some sports news for you. >> first, some other stories making news around the world. three demonstrators have vented their anger at a german consul. he was head
restructuring and says it is on track to return profits in 2013, but high fuel costs and a poor economic environment continued to weigh on profits. air berlin is not alone in going through some turbulence. this is not a great time for europe's airlines. >> many are struggling to stay in business. here's a look at the litany of problems they face. >> scandinavian airline sas is fighting for survival. the carrier has not turned a profit in five years. it is not alone. just last week,...
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Nov 19, 2012
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caused devastating loss to the families of the victims, to the environment and undermined the truth-seeking function of congress and by hiding the severity of the spill, b.p. caused another type of harm, harm to its own shareholders, to the investing public and to the financial markets, all of which are entitled to transparent, accurate, and complete information. in the end, the core of our allegations is that the eyes of the world with you -- were on b.p. in the spring and summer of 2010. the company had an opportunity to provide accurate, full disclear of the facts to the public and instead, b.p. chose to mislead the public. that is not what we expect from public companies and their management, and, in fact, it is in times of crisis that the need for accurate information is most acute. i want to recognize the incredible hard work and dedication from the s.e.c. staff from the philadelphia regional office conducting this investigation. including connie lynch, bryan thomas and matt wall have. i also want to thank all the members of the deep water horizon task force, especially john ba rhetta
caused devastating loss to the families of the victims, to the environment and undermined the truth-seeking function of congress and by hiding the severity of the spill, b.p. caused another type of harm, harm to its own shareholders, to the investing public and to the financial markets, all of which are entitled to transparent, accurate, and complete information. in the end, the core of our allegations is that the eyes of the world with you -- were on b.p. in the spring and summer of 2010. the...
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Nov 12, 2012
11/12
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again, dividend growth stocks, we think, will be relatively more protected in that environment. >> along those lines, michael, what are you waiting for to get back into the stock market in a bigger way right now and get out of bonds? >> i think have you to have the cyclical trade outperform. emerging markets are pretty resilient here. i think that's bullish. you also need to have bond yields rise. we see the ten-year back at 161 despite every single effort by the federal reserve to force reflags back into the system. the bond market has to believe the fed is going to be effective. >> so, for the foreseeable future, you're waiting for some sort of sign the economy -- the growth in the economy and reflation effort is going to take hold, is that it? >> the market has to believe it's going to be enough, by way of context. the fall from apple from peak to where it is now is $100 billion of market cap. $40 billion a month. the numbers are so billing and yet the federal reserve talks in billions when we live in a world of trillions. >> so what's the -- what's the best plan here, then, toward ye
again, dividend growth stocks, we think, will be relatively more protected in that environment. >> along those lines, michael, what are you waiting for to get back into the stock market in a bigger way right now and get out of bonds? >> i think have you to have the cyclical trade outperform. emerging markets are pretty resilient here. i think that's bullish. you also need to have bond yields rise. we see the ten-year back at 161 despite every single effort by the federal reserve to...
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Nov 12, 2012
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this is a different retail environment. unfortunately when you look at where they're making their money now, 23% of the revenue is coming from clearance items. it was 15% in q-3. you're talking about a company that unfortunately they're drawing them in but they're drawing them in just on that clearance side. that's not good. >> all right. the euro, let's turn attention to currencies. euro bouncing off two month lows versus the u.s. dollar today after greek leaders approve a budget for 2013. does it mark a turnaround for the euro? todd gordon of aspen trading group with more. we're asking about a turnaround for the euro. it was sitting at 1.30 or so for such a long time. it's dropped a couple pennies. now talking about a turnashd. >> last week i came on the 5:00 p.m. show and said to buy 1.27. i think you take profits on that. take those 10 or 15 pips and buy lunch today for a veteran. i think we got to go the other side now. go short euro through the 1.27 level. greece has overcome two olympic sized hurdles. $13 trillion in
this is a different retail environment. unfortunately when you look at where they're making their money now, 23% of the revenue is coming from clearance items. it was 15% in q-3. you're talking about a company that unfortunately they're drawing them in but they're drawing them in just on that clearance side. that's not good. >> all right. the euro, let's turn attention to currencies. euro bouncing off two month lows versus the u.s. dollar today after greek leaders approve a budget for...
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do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. to my surprise something you so much for joining me today now i'd like to saddam go back when you were fifteen years old you decided to leave school on one side a magazine pretty much from took on the world that didn't exactly happen but you have managed to achieve a lot of things are you happy with the way the world is right now is a good signal for saying well what the world is extremely good to me. and i've had the job i think of anybody anybody i doubt. and i'm still still up to get i spend quite a lot of my time now all. issues like cold plate resolution issues in the world. and all the state you know the welds i mean if you live in syria today well there's not a happy place a toll that we have a wonderful organization called the elders that are trying to help. resolve a complex attack lakhdar brahimi who's one of the elders you to be s
do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. to my surprise something you so much for joining me today now i'd like to saddam go back when you were fifteen years old you decided to leave school on one side a magazine pretty much from took on the world that didn't exactly happen but you...
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Nov 17, 2012
11/12
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KQED
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near-term fiscal cliff solution will be to delay a grand compromise, resulting in a less than ideal environment for stocks. >> that means you'll get some uneasiness extending into 2013. it won't have the cliff aspect at least in the first half of 2013. so, the can is kicked down the road. you'll have more like a simmering uneasiness waiting for washington to stay focus and arrive at a compromise. >> reporter: as to whether a solution on the fiscal cliff will result in a rally for stocks here on wall street. experts say the answer to that is yes. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, a major deadline gets pushed back for health insurance exchanges, a key part of president obama's health care reform. >> tom: lunch box staples for generations of kids could be history. hostess brands-- the maker of twinkies, ho-hos and wonder bread wants to sell everything to liquidate the company and go out of business. it's asking a bankruptcy court for permission. as diane eastabrook reports the move follows months of financial problems and labor un-rest. >> reporter: hostess brands says it d
near-term fiscal cliff solution will be to delay a grand compromise, resulting in a less than ideal environment for stocks. >> that means you'll get some uneasiness extending into 2013. it won't have the cliff aspect at least in the first half of 2013. so, the can is kicked down the road. you'll have more like a simmering uneasiness waiting for washington to stay focus and arrive at a compromise. >> reporter: as to whether a solution on the fiscal cliff will result in a rally for...
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Nov 16, 2012
11/12
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is the environment todayyee i f still a good place to in more or less friendly? >> there is no compare ton. when mr. putin came in, he changed the tax code which made a huge difference.ie ton. when mr. putin came in, he changed the tax code which made a huge difference. it was 13% flat tax, corporation tax 24% and suddenly you couldn't invest in companies because could you understand what was in the financials of the company. so accounting firms grew. advisory firms grew and the market became a much better place to invest. so today i don't believe there is a huge difference. you just have to understand the environment. >> so does it create opportunities? if you're looking around the world and not seeing a lot of attractive places, should russia be one of them? >> russia should be. it's growing at 4%. it's the biggest consumer market in europe. so there is enormous amount of opportunity. the problem has been and continues to be the perception western investors have about investing there. so there is this sort of idea that if you invest in russia, you'll lose your
is the environment todayyee i f still a good place to in more or less friendly? >> there is no compare ton. when mr. putin came in, he changed the tax code which made a huge difference.ie ton. when mr. putin came in, he changed the tax code which made a huge difference. it was 13% flat tax, corporation tax 24% and suddenly you couldn't invest in companies because could you understand what was in the financials of the company. so accounting firms grew. advisory firms grew and the market...
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Nov 14, 2012
11/12
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those also take a toll on the environment but about 50% do get recycled. that's compared to about 5% of plastic bags. but manufacturers say banning the bags is unfair. >> the amount of litter nationally that plastic bags produce is less than half of 1%. >> reporter: marine scientis is with the advocacy group heal the bay and says in los angeles plastic bags make up closer to 25%. >> litter on the streets gets washed through the storm sewer system, through our waterway systems. and plastic bags are part of that trash. >> reporter: she says since the floating plastic can resemble jellyfish animals like sea otters confuse it for food. the future of plastic bags can depend on what happens in los angeles. l.a. is studying the impact of banning its own bag and could be the largest city in the country to ban plastic bags. >> coming up after your local news on cbs "this morning" new developments in the scandal involving general david petraeus and john allen. we'll get reaction from former chairman of the joint chief of staff richard myers who knows both men. congr
those also take a toll on the environment but about 50% do get recycled. that's compared to about 5% of plastic bags. but manufacturers say banning the bags is unfair. >> the amount of litter nationally that plastic bags produce is less than half of 1%. >> reporter: marine scientis is with the advocacy group heal the bay and says in los angeles plastic bags make up closer to 25%. >> litter on the streets gets washed through the storm sewer system, through our waterway systems....
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modern technologies through specialized grant programs and even more arts skills all within a protected environment the school was founded and named for. a scientist who wanted a better way of life for his people but even with the most progressive ideas in education many say they don't want to trade the modern life for their beloved tundra. but i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see here it's a joyful sight. a sentiment that hopefully ensures that russia's northern reindeer will have caretakers for generations to come. it is a. time this is our with me of all research showing that the u.s. campaign in afghanistan has suffered a military grade below with at least two celebrity generals and veterans of the intervention falling from grace a sex scandal that started with revelations of the ex cia chief having an affair has now claimed the reputation of the current afghan campaign. catherine off as the latest on that. in the papers here in afghanistan for transit star and battlefield felled at cia by an affa
modern technologies through specialized grant programs and even more arts skills all within a protected environment the school was founded and named for. a scientist who wanted a better way of life for his people but even with the most progressive ideas in education many say they don't want to trade the modern life for their beloved tundra. but i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see here it's a...
WHUT (Howard University Television)
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Nov 16, 2012
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also reform is very difficult particularly in the middle of a very unstable environment such as the u.s. fiscal cliff and the european debt crisis. china's government needs a very stable export sector as it would take some time before the domestic consumption can be built up to a fully -- a full capacity that can substitute the export sector as one of the main engines of the economic growth. >> reporter: meanwhile, china has been boosting economic ties with countries in east and southeast asia and the policy seems to be unchanged. >> i think both east asia and southeast asia are important economic partners with china. given the economic problems in the u.s. and europe, china would be interested to promote more free trade within this economic bloc because china can out source at lower value for example in vietnam, cambodia, etcetera, so china can move up the chain by adding values to these products and then sell these products to richer neighbors such as japan and south korea. >> many chinese people are staying away from japan because of a bilateral territorial dispute. the number of chi
also reform is very difficult particularly in the middle of a very unstable environment such as the u.s. fiscal cliff and the european debt crisis. china's government needs a very stable export sector as it would take some time before the domestic consumption can be built up to a fully -- a full capacity that can substitute the export sector as one of the main engines of the economic growth. >> reporter: meanwhile, china has been boosting economic ties with countries in east and southeast...
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Nov 17, 2012
11/12
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WRC
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unlike human beings, as we change the environment is bad for the environment, beavers form wetlands other species could move into. he's important. >> what else does he eat besides bananas? >> in the wild he would be eating all sorts of vegetation and they like to eat tree bark. he has teeth on them that are so much enamel that are bright orange. these guys chop down trees and build dams with them. >> you don't want to get in front of an angry beaver. >> bring out the owl. >> let me put the baby alligator away. the last animal is another species that would have been -- >> what are they called? >> barn owl. these are a species native to europe. european colonists would have been used to seeing these guys. they're not particularly common. these animals can find prey in pitch darkness. >> you're kidding. >> tests have been done on these species, they've removed every iota of light. just by their hearing they can find rodents which is their main prey. they are called barn owls, because they are one of the few species that can live in human structures and benefit from our building. >> is that o
unlike human beings, as we change the environment is bad for the environment, beavers form wetlands other species could move into. he's important. >> what else does he eat besides bananas? >> in the wild he would be eating all sorts of vegetation and they like to eat tree bark. he has teeth on them that are so much enamel that are bright orange. these guys chop down trees and build dams with them. >> you don't want to get in front of an angry beaver. >> bring out the...
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Nov 14, 2012
11/12
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not to create jobs but craig the environment for success. that is where we were not able to translate that. >> yes, sir. >> i would like you to come back to me on -- i agree. i think we are center-right country. i do not think the perception is out there that the republican party is a center-right party. the perception is much further right. the far right that tends to scare people more. milliken to the on how to vote bank because of that perception. >> i agree. i think your doctors are probably that demographic. -- daughters are probably that demographic. i think you're right. that is a perception of -- for such a lot of people have. -- a lot of people have. for your daughters, social media is so much more important to them. it is not just this new technology we talked about. it is how the reach people with a live? which for a lot a young people, they are online. idea.boadebroader the other side was effective in taking the comment that the missouri. >> yes, sir. >> senator, it seems to me the policies yet in the fight as may be needing chan
not to create jobs but craig the environment for success. that is where we were not able to translate that. >> yes, sir. >> i would like you to come back to me on -- i agree. i think we are center-right country. i do not think the perception is out there that the republican party is a center-right party. the perception is much further right. the far right that tends to scare people more. milliken to the on how to vote bank because of that perception. >> i agree. i think your...
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Nov 13, 2012
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. >> that is what greenpeace is accusing the environment minister of, but he says that a solution needs to be found soon. >> i am still interested in the consensus. concrete steps are not yet decided, but we are running out of time. >> greenpeace wants to explore six underground locations containing clay, granite, and salt rock. >> we will be back in one minute with more news. >> that's right. stick around. >> welcome back. the leader of syria's new oppoition coalition has called from political recognition from europe and special weapons to defeat the syrian regime. >> the common comes as eu foreign ministers and members of the arab league meet in cairo to discuss the serious crisis -- the comment comes. but there's further troop that the syrian president's troops do not intend to give up -- but there was further proof that the syrian president's troops do not intend to give up. >> human rights workers say more than 100 people were killed across syria on tuesday. in cairo, eu foreign ministers have been meeting with representatives of the arab league. one key item on the agenda is agree
. >> that is what greenpeace is accusing the environment minister of, but he says that a solution needs to be found soon. >> i am still interested in the consensus. concrete steps are not yet decided, but we are running out of time. >> greenpeace wants to explore six underground locations containing clay, granite, and salt rock. >> we will be back in one minute with more news. >> that's right. stick around. >> welcome back. the leader of syria's new oppoition...